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Celsius Network

Tether sued for $3.5 billion for liquidating Celsius loan collateral
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13 August, 2024

Tether sued for $3.5 billion for liquidating Celsius loan collateral

The lawsuit seeks to reclaim BTC tokens that Celsius sent to Tether as collateral for loans of the USDT, which...
What do Celsius Network, Paxful, Tether and Northern Data have in common?
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10 July, 2024

What do Celsius Network, Paxful, Tether and Northern Data have in common?

One of Celsius's bankruptcy casualties involved the Paxful digital wallet, and several months after Celsius blew up, Tether made a...
Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d
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2 February, 2024

Celsius customers getting paid, FTX customers in limbo as 2022 hack suspects ID’d

While Celsius emerges from bankruptcy, FTX seems close to solving the $400 million hack in its platform after the arrest...
Hut 8 to build 215MW mining site in Texas as part of Celsius reorg plan
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22 December, 2023

Hut 8 to build 215MW mining site in Texas as part of Celsius reorg plan

The new site in Cedarvale, Texas, will host 66,000 mining rigs, with construction set to start in a few weeks;...
Celsius Network reorganization plan focuses on BTC mining
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24 November, 2023

Celsius Network reorganization plan focuses on BTC mining

Celsius says it has had dialogues with the Securities and Exchange Commission, which had publicly opposed its previous reorganization plan...
Celsius bankruptcy plan approved in New York
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13 November, 2023

Celsius bankruptcy plan approved in New York

The New York Bankruptcy Court has cleared Celsius' restructuring plan, unlocking around $2 billion worth of digital assets to be...
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